The Brazilian deindustrialization: financialization is not guilty
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200227 |
Resumo: | The financialization of the Brazilian economy is often criticized as being responsible of the slowdown of capital accumulation in this country. Indeed, very high interest rates are maintained in order to finance the public debt, and this fosters capitalists to get more Treasury bonds rather than to invest in the productive area. Nevertheless, the evolution of the profit rate in this area also explains the particular relation existing between capitalists, finance and productive investment, as Marx showed it more than a century ago. |
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Revista de Economia Política |
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The Brazilian deindustrialization: financialization is not guiltyinvestmentfinanceprofitdeindustrializationBrazilThe financialization of the Brazilian economy is often criticized as being responsible of the slowdown of capital accumulation in this country. Indeed, very high interest rates are maintained in order to finance the public debt, and this fosters capitalists to get more Treasury bonds rather than to invest in the productive area. Nevertheless, the evolution of the profit rate in this area also explains the particular relation existing between capitalists, finance and productive investment, as Marx showed it more than a century ago.Centro de Economia Política2015-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200227Brazilian Journal of Political Economy v.35 n.2 2015reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572015v35n02a02info:eu-repo/semantics/openAccessGAULARD,MYLÈNEeng2015-06-23T00:00:00Zoai:scielo:S0101-31572015000200227Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2015-06-23T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
The Brazilian deindustrialization: financialization is not guilty |
title |
The Brazilian deindustrialization: financialization is not guilty |
spellingShingle |
The Brazilian deindustrialization: financialization is not guilty GAULARD,MYLÈNE investment finance profit deindustrialization Brazil |
title_short |
The Brazilian deindustrialization: financialization is not guilty |
title_full |
The Brazilian deindustrialization: financialization is not guilty |
title_fullStr |
The Brazilian deindustrialization: financialization is not guilty |
title_full_unstemmed |
The Brazilian deindustrialization: financialization is not guilty |
title_sort |
The Brazilian deindustrialization: financialization is not guilty |
author |
GAULARD,MYLÈNE |
author_facet |
GAULARD,MYLÈNE |
author_role |
author |
dc.contributor.author.fl_str_mv |
GAULARD,MYLÈNE |
dc.subject.por.fl_str_mv |
investment finance profit deindustrialization Brazil |
topic |
investment finance profit deindustrialization Brazil |
description |
The financialization of the Brazilian economy is often criticized as being responsible of the slowdown of capital accumulation in this country. Indeed, very high interest rates are maintained in order to finance the public debt, and this fosters capitalists to get more Treasury bonds rather than to invest in the productive area. Nevertheless, the evolution of the profit rate in this area also explains the particular relation existing between capitalists, finance and productive investment, as Marx showed it more than a century ago. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015-06-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200227 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200227 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0101-31572015v35n02a02 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.35 n.2 2015 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
_version_ |
1754122481460838400 |